Bitcoin
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021. Source link
Bitcoin
Bitcoin
Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M
The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021. Source link
Bitcoin
Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles
Volatility is mean-reverting and has a positive impact on options prices. In other words, periods of unusually low volatility are followed by increased price turbulence, which, in turn, boosts demand for options, making them pricier. […]
Bitcoin
FTX Bankruptcy Special Counsel And Advisers Bill $38 Million for January
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case. Source link
Bitcoin
Dapper Removes ACH Withdrawal Option, Citing Circle
This comes as Silvergate Bank (SI), once the go-to bank for crypto, faces significant financial headwinds and regulatory scrutiny. Over the past month, the majority of Silvergate’s clients have parted ways with the beleaguered bank […]
Bitcoin
Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal
SEC Senior Trial Attorney William Uptegrove said Friday that SEC staff believed Binance US may be operating an unregistered securities exchange in the U.S., an assertion that Binance US objected to. On Monday, U.S. Bankruptcy […]
Bitcoin
Hermès Asks Court for Control Over MetaBirkin NFTs
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Bitcoin
Yuga Labs’ Bitcoin NFT Collection Fetches Top Bid of Nearly $160K
The 288 NFTs minted will be inscribed onto satoshis on the Bitcoin blockchain. One token sold for as high as 7.1159 BTC, or about $159,600 at the time of writing, while the lowest accepted bid […]
Bitcoin
Tether’s USDT Cryptocurrency Market Share Among Stablecoins Rises to Highest Level in 15 Months
USDT’s market capitalization has grown some $5.3 billion this year so far to $71.6 billion, with $3 billion of the gains after mid-February. Circle’s rival stablecoin, USD coin (USDC), has also gained $3 billion since […]
Bitcoin
SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam
According to the SEC’s complaint, Green United and two individuals – the company’s founder, 46-year-old Utah resident Wright Thurston, and its main promoter, 43-year-old Utah resident Kristoffer Krohn – offered investments in $3,000 “Green Boxes,” […]